BizTrends 2018


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Minister appoints panel to review zero-rated products

Finance Minister Nhlanhla Nene has appointed a panel that will review the current list of VAT zero-rated products...

1 day ago

Key insights into the global garlic market

In 2016, global garlic consumption stood at $18.1bn, +8% more than the year before. It is anticipated that the next nine year period will see an upward trend in garlic cultivation due to a number of factors...

1 day ago

More pork on the braai as farmers redirect pigs for the fresh meat market

The pork industry has suffered an unnecessary blow following the listeriosis outbreak. The loss to the value chain could, so far, exceed R1bn, but consumers are benefitting from the decrease in the price of pork whilst other meats trend higher...

2 days ago

AB Sugar commits to sustainability with 2030 targets

AB Sugar today launches a bold set of commitments with the aim of becoming the world's leading sustainable sugar business...

2 days ago

With its purchase of Whole Foods, is Amazon's goal to revolutionise food distribution?

On 20 March 2018, Amazon became the second most valuable company in the world, with a market capitalisation exceeding $768 billion...

By Isabelle Chaboud 2 days ago

French wine company AdVini consolidates position in SA with Stellenbosch Vineyards acquisition

With the established winemaking facility, bottling activities and logistical centre that's supported by a reputable back office, the acquisition provides a strategic benefit for AdVini South Africa that complements its activities...

3 days ago

Sustainability trends shaping retail in 2018

Sustainability issues are increasingly shaping trends in the retail sector. In this year's World Economic Forum Global Risks Report, three of the top global risks in terms of likelihood and impact are environmental...

By Feroz Koor 3 days ago

Clone tastings: Vititec puts experimental wines through their paces

"We produce between 50 and 60 experimental wines every year, all part of the clone evaluation process. The feedback from the tasters gives us a good indication of quality and consumer appeal. If the wine meets these requirements, we propagate these cultivars and clones and distribute it commercially."

3 days ago

Global bread and bakery consumption continues to experience modest growth

The global bread and bakery product market displayed modest, but sustainable growth throughout the period under review, increasing from 122,000 tonnes in 2007 to 129,000 tonnes in 2016...

3 days ago

Clicks Group to invest R700m in store network

Clicks Group CEO David Kneale announced that the retail chain will be investing over R700 million in new stores, pharmacies, store refurbishments, supply chain infrastructure and IT this year...

20 Apr 2018

SA's The Duchess Virgin Gin & Tonic scoops two awards at Global Soft Drinks Congress

South African non-alcoholic beverage brand, The Duchess Virgin Gin & Tonic, has been awarded Best Adult Drink as well as Best New Drink Concept at the 2018 Zenith Innobev Awards in Prague...

20 Apr 2018

Kenya's Twiga Foods partners IBM for blockchain-based microfinancing

Kenyan agri-tech startup Twiga Foods has partnered IBM Research to extend access to microloans to 220 food stall retailers across Kenya using a blockchain-based financing system...

By Tom Jackson 19 Apr 2018

Mondelez inaugurates $90m 'factory of the future' in Bahrain

Snack foods giant Mondelez International has invested $90 million into its newest 'factory of the future' in the Kingdom of Bahrain...

19 Apr 2018

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